Estate Planning

As you create a health care power of attorney, you'll have to make a variety of high level decisions. Among the most important is naming a health care agent.In short, your agent is the person who will make important health care decisions if you are unable to do so on...

When it comes time to create an estate plan, there is no shortage of legal arrangements to consider. Your goal is to make the right decisions at the right time, all with the idea of doing what's best for your family upon your death.There are many questions associated...

When it comes to matters of estate planning, it won't be long before you're faced with this important question: Who should you name as the executor of your will?This person is legally responsible for caring for any financial obligations after your death. With so many...

Generally speaking, a special needs trust is created specifically for the benefit of a mentally ill or disabled beneficiary, such as a child or other loved one.Since this person lacks the ability to manage his or her own finances, a trust is created with the idea that...

Many people create a will with the idea that this is the only estate planning document they need. For this reason, they overlook the many benefits associated with a durable financial power of attorney.In short, a durable financial power of attorney is a document with...

Most people realize the need to create an estate plan early in life. While some put this off, they eventually come around and take the right steps before it is too late.There are many challenges associated with estate planning, including the fact that this can mean...

When doing your estate planning and splitting up assets, it's important to very carefully consider how your decisions can impact the relationships your children have with one another. Unequal division can be problematic.For example, one man had about 200 acres of land...

You're thinking of leaving the family home to your kids, so you're just going to write it into your will. Easy, right? It may be for you, but this can cause issues with children. If you have a son and a daughter, say, and you leave the home to both of them, you could...

When you've worked for years to ensure that your loved ones are provided for, you don't want your estate or your loved ones saddled with unnecessary taxes.Here are two estate planning tools that can help affluent families in Louisiana minimize taxes and maximize...

People in Louisiana may think that they do not need a will because their estate is simple. In fact, after designating beneficiaries on life insurance policies, some may believe they have protected their assets and provided for their loved ones. However, wills may...